Commentary & Deal Flow

AB “Ignitis grupė” (“Ignitis Group”; Ticker: IGNITI, Country: LT), a leading integrated energy group and the largest public company in the Baltic states, rated Baa1 (stable) by Moody’s and BBB+ (stable) by S&P, has mandated BNP Paribas, Goldman Sachs Bank Europe SE, J.P. Morgan, and MUFG as Global Coordinators and together with SEB and Swedbank as Joint Bookrunners to arrange a series of fixed income investor calls beginning on Monday, 19-Oct-26.

A min. €300m 5-year inaugural EuGB Reg S Category 1 Registered, senior unsecured offering is expected to follow, subject to market conditions. The Notes are expected to be rated Baa1 by Moody’s and BBB+ by S&P. The Notes would be issued under the issuer's €2,000,000,000 EMTN Programme dated 3-Sep-26. Relevant stabilisation regulations (including ICMA/FCA) apply. BNP Paribas and J.P. Morgan are acting as Joint Green Coordinators. The Factsheet is available on the website of the Issuer (https://ignitisgrupe.lt/en/investors/bonds).

Ignitis Group has concurrently announced a Tender Offer on the outstanding €300m 2.000% Notes due 14-Jul-27 (ISIN: XS1646530565). An amount equivalent to the gross proceeds from the issue of the Notes may be used to finance and/or refinance, in whole or in part, fixed assets, capital and operating expenditures in accordance with the gradual approach as referred to in Article 4(1) of the E.U. Green Bond Regulation and the European Green Bond Factsheet. Ignitis Group has received an expression of interest from a number of international financial institutions (“IFIs”), who may elect in their discretion to place an order to participate in the offering.

The Base Prospectus is available on the website of the Luxembourg Stock Exchange (www.luxse.com), Nasdaq Baltic (www.nasdaqbaltic.com) and the Issuer (https://ignitisgrupe.lt/en/investors/bonds), and the final terms in relation to the Notes will also be available there.

A recording of the investor presentation is available (details below). Goldman Sachs Bank Europe SE is coordinating logistics.

Company Representatives:
Darius Maikštėnas – CEO and Chair of the Management Board
Jonas Rimavičius – CFO and Management Board Member
Ainė Riffel-Grinkevičienė – Head of Investor Relations

Call Schedule:
19-Oct-26 (45 mins each)
11:00 UKT / 12:00 CET – 1x1 or Group Call
12:00 UKT / 13:00 CET – 1x1 or Group Call
13:00 UKT / 14:00 CET – 1x1 or Group Call
14:00 UKT / 15:00 CET – 1x1 or Group Call
15:00 UKT / 16:00 CET – 1x1 or Group Call
16:00 UKT / 17:00 CET – 1x1 or Group Call

NetRoadshow Information:
Direct Link: https://www.netroadshow.com/event/IGNITIS2026 (Recommended) OR
Visit www.netroadshow.com and enter the deal entry code: IGNITIS2026 (not case-sensitive)